Articles tagged under: crop insurance
Crop Insurance Deadlines and Considerations
Published February 21, 2023
March 15 is the deadline to elect crop insurance coverage. MinnStar Bank Farm Management Analyst Kent Thiesse says now is the time to analyze risk and consider important questions. “There’s a lot of drought potential even though we’re getting a…Crop Insurance Changes Recommended
Published February 20, 2023
The Government Accountability Office has released two reports dealing with crop insurance. One report was requested by Maine Congresswoman Chellie Pingree and recommends climate-resilient farming practices be required to receive crop insurance benefits. The other GAO report calls for a…A Critical Risk Management Tool
Published February 17, 2023
Due to trade retaliation, the pandemic and weather, ad hoc disaster payments to farmers ramped up in recent years. Torrey Advisory Group Executive Vice President Tara Smith says a steady, reliable farm safety net is favored over ad hoc assistance.…A Possible Farm Bill Budget Squeeze
Published February 13, 2023
The farm bill was top-of-mind at this past week’s Crop Insurance and Reinsurance Bureau annual meeting. Deputy Executive Director Tara Smith says one overriding concern is the budget. "We saw this when you look at the '14 farm bill process where…Crop Insurance Flexibility
Published February 13, 2023
The Stage 1 crop insurance guarantee has returned for sugarbeet growers this year. At the Countryside Insurance Agency Farmer Update Meeting, owner Jennifer Otteson said additional coverage may be necessary. “If your cause of loss is before July 1, you…Crop Insurance and Climate
Published February 10, 2023
Crop insurance and risk management topics dominated Thursday’s Senate Agriculture Committee hearing. Ranking Member John Boozman praised the role of crop insurance, but has one worr"What I get concerned about are efforts to use the crop insurance program as a…Ag Issues at the Forefront for Fischbach
Published January 2, 2023
Minnesota Congresswoman Michelle Fischbach is preparing for the farm bill debate. "We have to protect the risk management programs, the sugar program, which is very important in my district, and making sure we are maintaining a reliable, sustainable disaster relief…Harvest Price Updated
Published November 1, 2022
The crop insurance harvest price for corn is $6.86 per bushel. That’s up 16 percent from the February discovery period. For soybeans, the harvest price is $13.81 per bushel. That’s down four percent from February. Both prices are the highest…Fielding Questions: A Look at Margin Protection
Published September 12, 2022
AgCountry Farm Credit Services Vice President of Insurance and Customer Education Rob Fronning takes a closer look at margin protection insurance. "This is a fairly new crop insurance program, coming out in 2016. It's gaining traction because of volatility in…